# 5701 NYS Route 86, Wilmington, NY 12997

> **TL;DR:** residential multi family, $849,000 ($537/sqft), built 2017, 1,582 sqft.
> Spa, A/C. Est. $3,679/mo. Listed 3 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $849,000 |
| Price/sqft | $537 |
| Square Feet | 1,582 |
| Year Built | 2017 |
| Lot Size | 69,696 sqft (1.60 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 3 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,679 |
| **Total** | **$3,679** |

## Key Amenities

- Spa
- A/C

## Property Highlights

- Built in 2017
- 1.60 acre lot

## Description

### Agent Description
A rare Adirondack investment opportunity -- two fully independent, income-producing homes, with a third high-potential revenue stream. Each of the two residences features two bedrooms, one bathroom, a private hot tub, a lean-to, and a dedicated patio, with completely separate electric and septic systems. Both homes are being sold fully furnished. Wood-carved decor and artisan furnishings give each home an unmistakable character that sets them apart from cookie-cutter vacation rentals and commands the guest loyalty that drives repeat bookings. The numbers speak clearly: combined Airbnb income has averaged over $90,000 per year across the last five years. That performance reflects a seasoned short-term rental operation with a proven track record. A historic fire tower on the property is being sold as-is and is structurally complete -- the framework for something truly extraordinary is already in place. The next owner will have the opportunity to finish it to their own standard and launch it as a third short-term rental, one that is without comparison in the Adirondacks. There is nothing else like it on the market. A stay in a working fire tower above the tree line is the kind of experience guests will book months in advance, share widely, and return for. Virtual renderings of the completed fire tower and a pro forma projecting its income potential are included in the listing documents for review. For an investor seeking a cash-flowing asset with documented income history, operational independence across units, and a genuine competitive moat, this property delivers on every front. The existing revenue provides a stable foundation; the fire tower introduces meaningful upside that is not yet reflected in the five-year average.

## Location

- **Address:** 5701 NYS Route 86, Wilmington, NY 12997
- **County:** Essex
- **Coordinates:** 44.390453, -73.821159
- **Google Maps:** https://www.google.com/maps?q=44.390453,-73.821159

## Virtual Tour & Media

- **Video Tour:** https://youtu.be/O1ckaBsmgc8

## Listing Agent

- **Name:** Gabrielle Neidlinger
- **Brokerage:** Real Broker NY, LLC
- **Phone:** 5165579484
- **Email:** gabneidlinger@gmail.com

## Primary Photo

![5701 NYS Route 86 - Primary Photo](http://lh.rdcpix.com/c56db37b21411ae7ec3e194270137d24l-f2127843500r.jpg)

*103 total photos available on [listing page](https://www.propertysimple.com/listing/5701-nys-route-86-wilmington-ny-12997-y207461)*

---

**MLS#:** 207461 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5701-nys-route-86-wilmington-ny-12997-y207461)

---

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